Digital asset service providers will need to be AML & CTF compliant in the not so distant future
All e-wallet providers and digital asset exchanges will have no choice but to be legally registered
The digital asset world understands that it needs to adopt crime control strategies
Public digital asset transactions are traceable and compliance officers are tracking fund flows
6AMLD will now hold, not just individuals, but legal entities to account for liable
Crypto service providers will need to ensure that staff are trained to identify risks associated with potential criminal behavior
Crystal efficiently tracked payments from the victims of the WannaCry virus. It took four days for the virus to spread across 150 countries - it took Crystal only 3 hours to locate the online entity extorting payments from the affected users.
It is often difficult for users to know whether a mining service is trustworthy. Read on to see how Crystal can be used for due diligence before signing up for a mining service.
In the latest product update, Crystal has added tracking for ERC-20 tokens, along with important unhosted wallet alerts, as well as several improvements to the visualization tool.
The Crystal team regularly explores bitcoin and crypto market dynamics, to see how fund flows have been affected by external factors like financial fluctuations or increasing regulations. We update these dynamics …
How to prevent accepting risky transactions and avoid becoming a victim of scams and criminal activities. These five steps will help you avoid these potential pitfalls.
An analysis of recent trends in DeFi protocol breaches, comparisons with centralized exchange breaches, and a case study of Harvest Finance protocol breach.
Regulations from the Financial Action Task Force (FATF) and the 6th Anti-Money Laundering Directive (6AMLD), mean that cryptocurrency services, and businesses exposed indirectly to cryptocurrencies, need to get …